• Maximum obligor limit is N50m.
• Maximum tenure is 5 years.
• Management experience of at least 3 years in the enterprise to be funded is required
• Interest rate: 9% (all-in), no other fee can be charged.
• Credit facility is available either as term loan or overdraft.
• Formal application for a credit Facility.
• Certificate of Incorporation.
• Memorandum and Article of Association (MEMART).
• Board Resolution to Borrow.
•Feasibility Study/Business Plan.
• SMEs with at least 3yrs Mgt Experience (Max obligor limit of N50m).
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